At Kensington, we are firm believers in modern technology and ways of working, which is why we are excited to offer Bitcoin as one way in which your clients can look to invest in a North Cyprus property.

Our first customers, looking to invest their own Bitcoin, were way back in 2014 and since then, we have achieved further success!

Kensington currently advertises via numerous platforms with regards to its Bitcoin offering and agents who work with us are informed of this option, should they have clients looking to invest their Bitcoin.  Local and international website Property NC also advertises Kensington property with Bitcoin prices. Just one of the great investment opportunities offered by Kensington is Thalassa Beach Resort, which has a number of Bitcoin investors already purchasing property from countries like Russia, USA, UK and Sweden.  A fully managed beachfront resort located in Bafra, with a wide range of property options from Studios, 1, 2 and 3 bedroom investment apartments.  Without a doubt a superb Mediterranean investment opportunity with prices starting from £59,000 (at todays Bitcoin approx. 6.91).

Just as a normal sales contract, deposits and stage payments for Kensington homes in North Cyprus can be made with Bitcoin.  Buyers can choose to part pay in Bitcoin or in full, it is totally up to the investor’s choice.  As with any investment purchase, buyers are given a contract with due dates for payments, should a property be under construction, or if fully finished and furnished properties are offered without stage payments.  Bitcoin transfers take such a short amount of time, that confirmation of receipt is provided quickly and efficiently. Whilst the value of Bitcoin has fluctuated greatly by nature, and will most likely continue to do so, it has become a very popular method of doing business, away from the paperwork and ‘interrogative’ nature of everyday banks and building societies.  Kensington can offer property on all our projects via Bitcoin and has several customers currently paying for their property via Bitcoin, either in full or in part.  The process is very simple and making payments take much less time than that of standard bank transfers.

Bitcoin, and the wider cryptocurrency world, has grown in popularity, not just because of its anonymity, but also due to the fact that it offers relative payment freedom, information is transparent and the process is classed as high security. 

Therefore, there are reduced risks for traders.   Given issues with some countries and its citizen’s ability to move money via traditional banking systems, this has also given many a more stress-free option when looking to invest in property in North Cyprus.